Remove Agile Remove Estimate Remove PMO Remove Project Life Cycle
article thumbnail

Rough Order of Magnitude (ROM) Estimate and How to Calculate It (with example)

Rebel’s Guide to PM

What is a ROM estimate used for? A rough order of magnitude estimate is used to give you a very high level view of potential project costs. Ideally, you’d be able to provide a definitive estimate, carefully created from loads of input from subject matter experts and plenty of research on past projects and their budgets.

Estimate 460
article thumbnail

What is ROM and how to calculate it (with example)

Rebel’s Guide to PM

What is a ROM estimate? A rough order of magnitude estimate is used to give you a very high level view of potential project costs. Ideally, you’d be able to provide a definitive estimate, carefully created from loads of input from subject matter experts and plenty of research on past projects and their budgets.

Estimate 286
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

9 Types of Artifacts in Project Management

Rebel’s Guide to PM

Whether you subscribe to the PMI way of thinking or use another approach based on your background, skills, experience, certification or the expectations of management, I’m pretty sure that you’ll have to create project documents. And yes, agile project management artifacts get a mention. You can grab the set I use here.

Logistics 510
article thumbnail

Project Artifacts and How to Use Them

Rebel’s Guide to PM

Whether you subscribe to the PMI way of thinking or use another approach based on your background, skills, experience, certification or the expectations of management, I’m pretty sure that you’ll have to create project documents. And yes, agile project management artifacts get a mention. Is it a log or a register?

Logistics 258
article thumbnail

125 Project Management Buzzwords

The IIL Blog

Activity An activity is the actual, specific task that must be performed in a project, i.e., the tactical level of work. Agile A flexible and dynamic approach to project management that allows for iterative updates during defined time blocks, which allows for incremental value. Also known as continuous process improvement.

article thumbnail

Do We Need Risk Management in Agile Projects?

MPUG

In this article, we’re addressing a common question in modern project management: Do we need risk management in agile projects? Do agile projects have risks associated with them? So, yes, of course, we need risk management in agile projects. Why is Risk Management in Agile Projects Even a Question?

article thumbnail

Sciforma Review [2021]

Rebel’s Guide to PM

Are you looking for a robust, scalable PPM solution that can manage the whole project life cycle and show you what’s being worked on at any one time? In this review of Sciforma, I’ll share the pros and cons of this enterprise-centric project and portfolio management tool. Agile Features. Iteration of a project.